$670,000
●
House -
Off Market
2677 OVERLOOK POINT DR
Escondido, CA 92029
4 Beds
3 Baths
2,136 Ft²
$995,637
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
Wow! Oversized Lot, Elevated Views, Huge Owned Solar System &
Extensively Upgraded! Beautiful Plank Tile, Granite
Countertops, Stainless Steel Appliances, Shaker Cabinets & Custom
Brick Walls! Huge Sliding/Stacking Patio Doors That Brings
the Outside In! First Floor BR/Office & Full Bath!
Glass Fences, Unobstructed Views & Premium Lot! 9.1KW
Solar Sys That Produces Credit (vs Std 4KW Solar). Low HOA,
Low Mello Roos & No Extra Taxes for Solar! Pristine &
Turn-Key! See Supplemental! A Must See! Unique
Property with Premium Elevated Lot, High-Wattage Solar System, Low
Mello Roos Fees for the Area, Turn-Key Ready & Extensively
Upgraded! House Has 9.2KW Solar System (vs Common 4KW to
4.5KW Systems) Resulting in Refunds/Credit from SDG&E!
Historic Electricity Bills Varied Between $55/Mo From
Homeowner During Winter to $200/Mo Refund Back During Sunny Months!
Solar System Conveys In Full Without "Hidden Costs", Such as
Increased Property Taxes or Increased Mello Roos Fees!
Property Has Mello Roos Fees of $246/Mo, Which Are Low In
Comparison to Other Harmony Grove Houses, and Especially In
Comparison To Recent Developer Houses, with Mello Roos Fees of
$510/Mo. This Home is Extensively Upgraded Too! Gourmet
Kitchen with Gorgeous Slab Granite Bar Top Seating for Four, Custom
Subway Backsplashes, Under-Cabinet Lighting, Under-Mounted
Stainless Sink, Pull-Out Sprayer Faucet, Pantry Closet & Five
Stainless Steel Appliances! Wonderful Master Bathroom With
Oversized Shower, Sitting Area, Separate Roman Tub, New Mirrors,
Stylish Wall Lights & Associated Walk-In Closet! Other
Features Include Designer Paint, Durable Berber Carpet, Convenient
Upstairs Laundry Room, Extra Built-In Cabinets, Tankless Water
Heater, Extra-Wide 2-Car Finished Garage, Epoxy Floors & Custom
Roll-Up Door! Property is Like a New House, and Ready for
Move-In! All Within the Master Planned Community of Harmony
Grove with 3 Public Parks, Including The 4th of July Park, 5
Neighborhood Parks...
Unit Size
2,136 Ft²
Days on Market
56 days
Land Size
-
Price per sqft
$316
Property Type
House
Property Taxes
-
HOA Dues
$235
Year Built
2015
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (SDMLS #190018169)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 4, 2024 | Sold | ||
| Sold | |||
| Aug 19, 2024 | In contract | - | |
| In contract | |||
| Jun 10, 2024 | Listed by Juanaca Home Team, Inc | $1,199,900 | |
| Listed by Juanaca Home Team, Inc | |||
| | |||
|
Welcome to your dream home with unparalleled features and breathtaking views! This unique property offers an oversized lot, elevated vistas, and a massive owned solar system that sets it apart from the rest. Extensively upgraded with attention to detail, this turn-key residence boasts exquisite plank tile flooring, granite countertops, stainless steel appliances, shaker cabinets, and custom brick walls. Enjoy seamless indoor-outdoor living with huge sliding/stacking patio doors that bring the outside in. The first-floor bedroom/office and full bath provide flexibility and convenience. The Glass fences ensure unobstructed views while maintaining safety. Noteworthy is the impressive 9.1KW solar system. With low HOA and Mello Roos fees, this home offers both sustainability and cost savings. Inside, the gourmet kitchen features a gorgeous slab granite bar top seating, custom subway backsplashes, under-cabinet lighting, and premium stainless-steel appliances. The master bathroom is a retreat with its oversized shower, separate soaking tub, and stylish wall lights. If you want a walk-in closet… you won’t believe this one. It is a walk-in-closet ROOM. It is the prettiest one I have encountered. Additional highlights include designer paint, durable Berber carpet in bedrooms and convenient upstairs laundry, tankless water heater, and an extra-wide 2-car garage with epoxy floors and a custom roll-up door. Situated in the master-planned community of Harmony Grove, residents enjoy access to numerous parks, pools, spas, playgrounds, and walking trails. Future village shops and recreational amenities add to the appeal of this vibrant neighborhood. In summary, this home offers a rare combination of features: a large lot, elevated views, high-wattage solar system, low Mello Roos fees, extensive upgrades, and pristine condition. Don't miss out on this opportunity to own your slice of paradise!
| |||
| May 30, 2019 | Sold | ||
| Sold | |||
| Apr 4, 2019 | Listed by Real Innovate Realty | $674,900 | |
| Listed by Real Innovate Realty | |||
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About West Ridge
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Listed by: Olivia Hansen, Real Innovate Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190018169
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190018169
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